Data required on disposition of claims

The following data and information shall be furnished by the insurance company to the division within thirty days from any judgment, settlement, or other dismissal involving the insured: (1) Date of any judgment, settlement, or other dismissal; (2) Whether any appeal has been taken and by which party; (3) Amount of any judgment against the insured; (4) Amount of any settlement paid on behalf of the insured, whether such settlement was negotiated by suit or without the filing of a complaint for damages; and (5) If consideration was not paid on behalf of the insured and a judgment of no cause for action was not entered, the reason for any dismissal. Source: SL 1976, ch 316 , § 4.